HomeMy WebLinkAbout866834WHEN RECORDED MAIL TO:
First Security Bank, N.A.
Afton Mortgage Production Office
485 Washington
Afton, WY 83110
0007687809
DEFINITIONS
The Note states that Borrower owes Lender
Thirty Thousand and No /100
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866834
B OOK 4 48 PR PAGE 2 0 3
Space Above This Line For Recording Data
MORTGAGE
Words used in multiple sections of this document are defined below and other words are defined
in Sections 3, 11, 13, 18, 20 and 21. Certain rules regarding the usage of words. used in this
document are also provided in Section 16.
(A) "Security Instrument" means this document, which is dated June 28 2000
together with all Riders to this document.
(B) "Borrower" is
ROBERT R RUH and LYNDA L RUH, husband and wife
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WYOMIN(i-Singla Family —FannN Maa/FraddN Mac UNIFORM INSTRUMENT
LT. 9/00
RECEIVED
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Borrower is the mortgagor under this Security Instrument.
(C) "Lender" is Fi Security Bank N.A. Lender is
a Corporation organized and existing under the laws of The United States of America
Lender's address is 485 Washington Afton, WY 83110
Lender is the mortgagee under this Security Instrument.
(D) "Note" means the promissory note signed by Borrower and dated June 28, 2 0 0 0
00 JUL 3 FH 3:04
c1LMNL. E r 47 LF∎
KEMMERER, WYOMING
Dollars
(U.S. 30,0'00.00 plus interest. Borrower has promised to pay this debt in regular
Periodic Payments and to pay the debt in full not later than J u 1 v 1 2015
(E) "Property" means the property that is described below under the heading "Transfer of Rights
in the Property."
(F) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and
late charges due under the Note, and all sums due under this Security Instrument, plus interest.
Initlals) Initials
Form 3031� (page 1 of 15 pages)
MWY01CV
O &G G s 34
(G) "Riders" means all riders to this Security Instrument that are executed by Borrower. The
following riders are to be executed by Borrower [check box as applicable]:
Adjustable Rate Rider
Balloon Rider
1 -4 Family Rider
(A) "Applicable Law" means all controlling applicable federal, state and local statutes,
regulations, ordinances and administrative rules and orders (that have the effect of law) as well
as all applicable final, non appealable judicial opinions.
(I) "Community Association Dues, Fees and Assessments" means all dues, fees, assessments and
other charges that are imposed on Borrower or the Property by a condominium association,
homeowners association or similar organization.
(J) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated
by check, draft, or similar paper instrument, which is initiated through an electronic terminal,
telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a
financial institution to debit or credit an account. Such term includes, but is not limited to,
point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone,
wire transfers, and automated clearinghouse transfers.
(IQ "Escrow Items" mean those items that are described in Section 3.
(L) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or
proceeds paid by any third party (other than insurance proceeds paid under the coverages
described in Section 5) for (i) damage to, or destruction of, the Property, (ii) condemnation or
other taking of all or any part of the Property, (iii) conveyance in lieu of condemnation or (iv)
misrepresentations of, or omissions as to, the value and/or condition of the Property.
(M) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or
default on, the Loan.
(N) "Periodic Payment" means the regularly scheduled amount due for (1) principal and interest
under the Note, plus (2) any amounts under Section 3 of this Security Instrument.
(0) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. 2601 et seq.) and its
implementing regulation, Regulation X (24 C.P.R. Part 3500), as they might be amended from
time to time, or any additional or successor legislation or regulation that governs the same
subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and
restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan
does not qualify as a "federally related mortgage loan" under RESPA.
(P) "Successor in. Interest of Borrower" means any party that has taken title to the Property,
whether or not that party has assumed Borrower's obligations under the Note and /or this
Security Instrument.
TRANSFER OF RIGHTS IN THE PROPERTY
Condominium Rider
Planned Unit Development
Rider
Biweekly Payment Rider
This Security Instrument secures to Lender: (a) the repayment of the Loan, and all renewals,
extensions and modifications of the Note; and (b) the performance of Borrower's covenants and
agreements under this Security Instrument and the Note. For this purpose, Borrower does
Loan Number: 0007687809
W YOMINOSingle Family- -FannN Mae/Fraddla Mac UNIFORM INSTRUMENT
I.T. 3/00
204
Second Home Rider
Other(s) [specify]
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0866834
Payments are deemed received by Lender when received at the location designated in the
Note or at such other location as may be designated by Lender in accordance with the notice
provisions in Section 15. Lender may return any payment(s) or partial payment(s) if the
payment(s) or partial payments are insufficient to bring the Loan current. Lender may accept
any payment(s) or partial payment(s) insufficient to bring the Loan current, without waiver of
any rights hereunder or prejudice to its rights to refuse such payment(s) or partial payments in
the future, but Lender is not obligated to apply such payments at the time such payments are
accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need
not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower
makes payment(s) to bring the Loan current. If Borrower does not do so within a reasonable
period of time, Lender shall either apply such funds or return them to Borrower. If not applied
earlier, such funds will be applied to the outstanding principal balance under the Note
immediately prior to foreclosure. No offset or claim which Borrower might have now or in the
future against Lender shall relieve Borrower from making payments due under the Note and this
Security Instrument or performing the covenants and agreements secured by this Security
Instrument.
2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all
payments accepted and applied by Lender shall be applied in the following order of priority: (1)
interest due under the Note; (2) principal due under the Note; (3) amounts due under Section 3.
Such payments shall be applied to each Periodic Payment in the order in which it became due.
Any remaining amounts shall be applied first to late charges, second to any other amounts due
under this Security Instrument, and then to reduce the principal balance of the Note.
If Lender receives a payment from Borrower for a delinquent Periodic Payment which
includes a sufficient amount to pay any late charge due, the payment may be applied to the
delinquent payment and the late charge. If more than one Periodic Payment is outstanding,
Lender may apply any payment received from Borrower to the repayment of the Periodic
Payments if, and to the extent that, each payment can be paid in full. To the extent that any
excess exists after the payment is applied to the full payment of one or more Periodic Payments,
such excess may be applied to any late charges due. Voluntary prepayments shall be applied first
to any prepayment charges and then as described in the Note.
Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due
under the Note shall not extend or postpone the due date, or change the amount, of the
Periodic Payments.
3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are
due under the Note, until the Note is paid in full, a sum (the "Funds to provide for payment
of amounts due for: (a) taxes and assessments and other items which can attain priority over this
Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments or ground
rents on the Property, if any; (c) premiums for any and all insurance required by Lender under
Section 5; and (d) Mortgage Insurance premiums, if any, or any sums payable by Borrower to
Lender in lieu of the payment of Mortgage Insurance premiums in accordance with the
provisions of Section 10. These items are called "Escrow Items." At origination or at any time
during the term of the Loan, Lender may require that Community Association Dues, Fees and
Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments shall be an
Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to be paid under
this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives
Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive
Borrower's obligation to pay to Lender Funds for any or all Escrow Items at any time. Any
Loan Number:0007687809
WYOMING-Single Famlly-- Fannla Mae/Freddie Mac UNIFORM INSTRUMENT
I.T. 3/00
Initial: Initial
206
Form 3051 3/99 (page 4 of 15 pages)
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0866834
proceedings which in Lender's opinion operate to prevent the enforcement of the lien while
those proceedings are pending, but only until such proceedings are concluded; or (c) secures
from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this
Security Instrument. If Lender determines that any part of the Property is subject to a lien
which can attain priority over this Security Instrument, Lender may give Borrower a notice
identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall
satisfy the lien or take one or more of the actions set forth above in this Section 4.
Lender may require Borrower to pay a one -time charge for a real estate tax verification
and/or reporting service used by Lender in connection with this Loan.
5. Property Insurance. Borrower shall keep the improvements now existing or hereafter
erected on the Property insured against loss by fire, hazards included within the term "extended
coverage," and any other hazards including, but not limited to, earthquakes and floods, for
which Lender requires insurance. This insurance shall be maintained in the amounts (including
deductible levels) and for the periods that Lender requires. What Lender requires pursuant to
the preceding sentences can change during the term of the Loan. The insurance carrier providing
the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's
choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in
connection with this Loan, either: (1) a one -time charge for flood zone determination,
certification and tracking services or (2) a one -time charge for flood zone determination and
certification services and subsequent charges each time remappings or similar changes occur
which reasonably might affect such determination or certification. Borrower shall also be
responsible for the payment of any fees imposed by the Federal Emergency Management Agency
in connection with the review of any flood zone determination resulting from an objection by
Borrower.
If Borrower fails to maintain any of the coverages described above, Lender may obtain
insurance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to
purchase any particular type or amount of coverage. Therefore, such coverage shall cover
Lender, but might or might not protect Borrower, Borrower's equity in the Property, or the
contents of the Property, against any risk, hazard or liability and might provide greater or lesser
coverage than was previously in effect. Borrower acknowledges that the cost of the insurance
coverage so obtained might significantly exceed the cost of insurance that Borrower could have
obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of
Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate
from the date of disbursement and shall be payable, with such interest, upon notice from Lender
to Borrower requesting payment.
All insurance policies required by Lender and renewals of such policies shall be subject to
Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall
name Lender as mortgagee and/or as an additional loss payee. Lender shall have the right to
hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to
Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of
insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the
Property, such policy shall include a standard mortgage clause and shall name Lender as
mortgagee and/or as an additional loss payee.
In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender.
Lender may make proof of loss if not made promptly by Borrower. Unless Lender and
Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying
insurance was required by Lender, shall be applied to restoration or repair of the Property, if
Loan Number: 0007687809
WYOMINOSingle Famlly— Fannla Maa/Fnddia Mac UNIFORM INSTRUMENT
I.T. 3/00
Initials initials
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orm 3061 3/99 (page 6 of 15 pages)
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Ajgsuostazun aq 3ou Ergs 3uasaoo IOlgm lupuM ui saaat aspwat3o Japan ssajun `Souedn000
;o airp alp zap ;e zea& auo 3seaj In zo; aouapisaz jedIouizd s,zamouog se Alzadozd alp ,idn000
03 anupuoo pegs put luaUmzlsuj iClunoas sap ;o uopnoaxa alp zal ;r sArp Spur ultpM aouaptsaz
jtdpuud s,zamOzzog se A3zadozd atp asn pie `tsrjgt3sa `Xdn000 jjtls zamozzOH •,iougdnaa0 •9
•anp uatp 3ou zo =pap& `3uaumzpsuj A3unoas srtl JO 010N all 'awn pr dun s3unoart
,Ced o3 10 A110dozd atp azolSOI JO zledaz of zar m o spaaoozd aoueznsui au') asn dear zapua-j
•A3zadozd alp jo atezanoo alp or aigsorjdde aze s3t2u lops se mom! `A3zadozd alp &uuano0
saioijod aoueznsai jje zapun (zamouog Aq prod sung pauzraun jo pupal Sun o3 1112p all
untl zaipo) s3g8u s,zamozzog jo zal3o Niue (z) pule `3uaUmz3suj Apunoas sap JO 030N alp zapun
predun siunoum alp paaoxa o3 lout 3un0ure us up spaaoozd aoutznsul fur 03 s3t2u s,zaMO1Jog (j)
zapua1 o3 suffrsse ifgazat zamoz1OH `asrmampo 10 ZZ uopoas zapun Alzadoxd alp sapnboe zapuaq
Jr 10 luana zarpra III 'MAO sr aopou at3 uatM ur6aq jLIM pouad Anp -p£ at,L •UTlnp alp 01110S par
a3tpoRau d(rar zapua-j uarp `urrep a arms 03 pang() set z0111V0 a0Ueznsar alp 3e13 zapua-I wog
aopou t o3 S Cup p£ uppyit puodsaz 3ou saw zaMO.uog ;j •szal3tar prig.' pun uprj0 aoutmsar
ajgejrent Cut aplas put a3tpo2au `ajg Arm zapua' `X3zadozd all suopungn zamozzog 3I
•Z uor30as ui zo; paprnozd zapzo alp ur parjdde aq jjtgs spaaoozd aOarznsar tons •10m0zz0g
03 pled `fur ;r `ssaoxa alp lIIM `anp nap 3011 10 1a 'mammal /(lunoas sap Aq pampas
stuns alp of paijddr aq pugs spaaoozd aoueznsur alp `pauassaj aq pjnoM ti3iznoas s JO
ajgisra; iCjjr0larouo0a 3ou sr prdaz JO 110435102501 atp ;j ..10MOLIOil JO uopegpgO ajos atp aq peps
pue spaaoozd aounznsal alp ;0 3n0 pled aq 3ou Ins IOMOZZOH ,(q p01145301 `sapztd pull 1at2o 10
`szaisnfps oljgnd zo; saad •spaaoozd tons uo samara zo 3sa1alur Niue 10M01100 iced or pa1mba1
aq 3ou jjels zapual `spaaoozd aoueznsur tons uo pled aq 01 Isamu! sa1rnbaz man ajgnotjddy
zo Ruppm ui spear sr 3uaUraa1Be u5 ssajun •palajduro0 sr 3410M alp sr s3uaurArd ssazffozd ;o
sauas 5 ur 10 3uaUriind aj&urs 5 u! U0p5zo3saz pus s145daz aq3 zo; spaaoozd aszngstp Star lapuai
•Apdurozd umlzapun aq Ijnps uopoadsul tons 351p papinozd `uopos;spss s,zapu0 T Op palajdaroo
uaaq set v410M alp ammo 01 IC3zadozd tons racism o3 iC3runlzoddo u5 pet stir zapua-j jpun
spaaoozd 00uezris11 lions plot o3 3t5u all anti jots zapua-j `pouad uor3ezo3saz par zrndaz tons
UU1lQ •pauassa3 3ou sl iC2r1n0as s,zapua'-j par ajgtsna; AproraroU000 sr 1rrda1 JO aopez02saz all
iF899NO
0866834
8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application
process, Borrower or any persons or entities acting at the direction of Borrower or with
Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or
statements to Lender (or failed to provide Lender with material information) in connection with
the Loan. Material representations include, but are not limited to, representations concerning
Borrower's occupancy of the Property as Borrower's principal residence.
9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument.
If (1) Borrower fails to perform the covenants and agreements contained in this Security
Instrument, (2) there is a legal proceeding that might significantly affect Lender's interest in the
Property and/or rights under this Security Instrument (such as a proceeding in bankruptcy,
probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over
this Security Instrument or to enforce laws or regulations), or (3) Borrower has abandoned the
Property, then Lender may do and pay for whatever is reasonable or appropriate to protect
Lender's interest in the Property and rights under this Security Instrument, including protecting
and/or assessing the value of the Property, and securing and/or repairing the Property. Lender's
actions can include, but are not limited to, (1) paying any sums secured by a lien which has
priority over this Security Instrument, (2) appearing in court, and (3) paying reasonable
attorneys' fees to protect its interest in the Property and/or rights under this Security Instrument,
including its secured position in a bankruptcy proceeding. Securing the Property includes, but is
not limited to, entering the Property to make repairs, change locks, replace or board up doors
and windows, drain water from pipes, eliminate building or other code violations or dangerous
conditions, and have utilities turned on or off. Although Lender may take action under this
Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is
agreed that Lender incurs no liability for not taking any or all actions authorized under this
Section 9.
Any amounts disbursed by Lender under this Section 9 shall become additional debt of
Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate
from the date of disbursement and shall be payable, with such interest, upon notice from Lender
to Borrower requesting payment.
If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions
of the lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall
not merge unless Lender agrees to the merger in writing.
10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making
the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurance in
effect. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be
available from the mortgage insurer that previously provided such insurance and Borrower was
required to make separately designated payments toward the premiums for Mortgage Insurance,
Borrower shall pay the premiums required to obtain coverage substantially equivalent to the
Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to
Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer
selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available,
Borrower shall continue to pay to Lender the amount of the separately designated payments that
were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain
these payments as a non refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve
shall be non refundable, notwithstanding the fact that the Loan is ultimately paid in full, and
Lender shall not be required to pay Borrower any interest or earnings on such loss reserve.
Loan Number: 0007687809
WYOMINOSing a Family- -Fannie Ma./FraddIo Mao UNIFORM INSTRUMENT
I.T. 3/00
nISal IMtlal
210
Form 3051 3/99 (page 8 of 15 pages)
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rip zamozzog of zapua-I aopou zags `3i JO `zamozzog Aq pauopuegt si Alzadozd aql 3I
•anp tram On sums am lou JO
zagla11M 1ua1mnz1sul Mznoas sup Aq pamoas sums am 01 patldde aq Ilsgs spaaoozd snoausllaospAl
tip `BupuM ui aal a asIMZa1110 zapua7 pue zam0JJOg ssaltm `anon 111 SSOI JO `uopOnzlsap
`Bugs) Itpztd aq1 azojaq JCI01tTpatutui paznoas sums am jo lunotue acll uttp ssal s1 amen
11i ssoj 10 `uoponzlsap `Buis Itpztd 0113 azojaq iCIalwipammi Rlzadozd aq) ;o anon la3I1etu 1 f3
am goigM ut Aizadozd a111 JO 0nlsn ui SSOJ JO `uopotulsap `Bu1)jRl Ispztd t JO 11I0n0 a p uI
•zamozzog o1 pred aq IIEus aOUelsq Cud amen uI ssol JO
`uoponzlsap Tugs lepied am azopaq AI03EIpamtul Rlzadozd am jo awn 1aveaz zisj am (q) Aq
papinlp anon uI ssol zo `uopOnzlsap `Bttpltl IEpztd am azo ;aq AIa3Etpaunul paznoas sums am jo
molar plot am (E) :uoporij $11imolloj tip Aq paijdpjnm spaaoozd snoOUEllaOSTJA aq1 jo lunouzE
tip Aq paonpai aq hugs luatInzlsul 44noas sup Aq paznoas stuns at 3 `BupuM ui 0018E asytuaTi3o
zapua7 pus zam011013 ssapm `anon Ut SSOJ JO `uoponzlsap `Bugs) IEiuEd tip azo ;aq Aims-walnut
3uattnzlsui A3unmas sup Aq paznoas stuns am 3O limotun am uE111 za3EaLB z0 01 IEnba sI anon
11I Ss0I zo `uopOnzlsap `Buz3jE1 mind am =jag AIa3Eipaurtul Auadozd tip ;o amen 1a3lzsaz zre;
am gouj Ui Alzadozd alp jo anon 111 SSOJ JO `uopOnzlsap Bu st 1Epzed n ;O 1110n0 am uI
zamozzog o1 pred `AuE 3t `ssaoxa tip ipt `anp uagl lou JO zaipagM
luaurtulsul Alunmas sup Aq paznoas sums am 01 patldde aq Neils spaaoozd snoauellamsm
am `Alzadozd am JO anon uI SSOJ z0 `uoponzisap `BupIE3 IE101 E JO 3U0n0 0111 III
•z TIMMS Ut 10j papinozd zapmm x111 uz pallddE aq Iogs
spaaoozd snoauspaos1JA lions •zamouog 03 pred `AuE 3i `ssaoxa tip Timm `anp uatp Sou JO zamaIM
luaantusul /Clunoas sup Aq paznoas sums am 01 pagdds aq logs spaaoozd snoaUEIIaos tip
`pauassal aq pinoM A3unOas s,zapun zo algiseaj AlootuuouoOa 3011 si ziedaz JO uopszo3saz alp 3I
•spaaoozd snoauEllaospAl lions uo Eft:IM O JO 3saza1Ut ,CUE zaM0Ji0 /CEd 01 pannba1 aq 3011 putts
zapUa-I `spaaoozd snoausp0oS N Timis 110 pied aq o3 lsazalui sai nbaz MEZ algEOtlddV JO Bui3uM
uI apEtu sI luatuaa1BE uE ssalun •palaldtzoo sI ]IJOM tip se sluaUUAtd ssaiBozd jo sauas a 11i to
luatzaszngsip aJBUls E 111 uopnzolsaz pus sz1Edaz am zo; Iced /Cm zapun °Apdiuozd ua)lelzapUn aq
prqs uopoadsui grans lntp papinoid `uot3OEJspes s,zapua1 o1 palaldutoo uaaq sEq AJOAk gip aznsua
01 ,CUadozd 110ns loadsui o1 A3umlzoddo uE peg sEq 1apun Itlun spaaoozd snoaurpaospni lions
ppmTi o1 3TiBu a p ansq pegs zapua-I `pouad uopezo3saz pun ntdaz lions BuunQ •paUassal 1011 st
IilunOas s,zapuaJ pus algtseaj AI1EOut0UOOa si 1 Edaz 10 uopezo3saz am 3i `iC3zadozd 0111 3o ztedaz
JO uopE103saz 01 pagddt aq IIt1s spaaoozd snoaUEllaosuni 11Ons `paBEuIEp si Alzadozd aq1 3I
•zapun o1 pled aq TIES pus 01 paUB1SSE
Agazaq aze spaaoozd snoauEllaos!1 IIy •ain3lajJog :spaaoozd snoauEllaasly1i Jo 3uatuu2issy •iI
•a1oisI am uz papinozd a3E1
atp 1E 3sazalui And 01 uoi1ESilgo s,zamouog s3Oad3E OI Uop0as sup UI Buupobl .Mtn algeoilddy
�Cq paiinbaz si u0pEUuuzal ppm zo Uopeautua3 g0n zoj Buipinozd zapur pus zamozzog
uaaM3aq 1uautaa1BE ua311L ,iuE tipm a0utp1o00E 111 spua aouEZnsUJ a$s8lzoyQ zo3 3uatua11nba1
s,zapUaJ am 'pun `anzasaz ssol algEpunjaz -uou E apinozd 01 JO 100330 ui 00utznsui aBEB1zoy4I
um3u of paunbaz sumuuazd a p And Neils zaMOfl0 `a0UEZnsul a2E83zoyAI 10j stunuuaid alp
pzemo3 s3uatuiCtd pa1EUBIsap Ala1E1Edas a3letz o1 pazmbaz sEM Jamozzog put uEO•I am RUT3IEti
;o uopipuoo a sr aoueznsul agE8lzow paztnbaz zapua7 31 •aousinsul aBE83zoJA zoj stualtuazd am
pzemol sluam/cud papluBisap Ala1EZEdas sazmbaz zapun pus `pauislgo si `algelrene samooaq upffs
zapua- Aq Impalas zaznsau ue Aq papznozd (sannbaz zapua-j )Etp pouad amt 10j pus 3unouue
alp iii) aBE1 A00 a0ueznsUl a2E41OJAI 31 s3UatuJCed aezasaz SSOI azmbaz zaBuol 011 TIM zaPUa1
ttS99 O
0866834
for damages, Borrower fails to respond to Lender within 30 days after the date the notice is
given, Lender is authorized to collect and apply the Miscellaneous Proceeds either to restoration
or repair of the Property or to the sums secured by this Security Instrument, whether or not
then due. "Opposing Party" means the third party that owes Borrower Miscellaneous Proceeds
or the party against whom Borrower has a right of action in regard to Miscellaneous Proceeds.
Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun
that, in Lender's judgment, could result in forfeiture of the Property or other material
impairment of Lender's interest in the Property or rights under this Security Instrument.
Borrower can cure such a default and, if acceleration has occurred, reinstate as provided in
Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Lender's
judgment, precludes forfeiture of the Property or other material impairment of Lender's interest
in the Property or rights under this Security Instrument. The proceeds of any award or claim for
damages that are attributable to the impairment of Lender's interest in the Property are hereby
assigned and shall be paid to Lender.
All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall
be applied in the order provided for in Section 2.
12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for
payment or modification of amortization of the sums secured by this Security Instrument granted
by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the
liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to
commence proceedings against any Successor in Interest of Borrower or to refuse to extend time
for payment or otherwise modify amortization of the sums secured by this Security Instrument
by reason of any demand made by the original Borrower or any Successors in Interest of
Borrower. Any forbearance by Lender in exercising any right or remedy including, without
limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest
of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude
the exercise of any right or remedy.
13. Joint and Several Liability; Co- signers; Successors and Assigns Bound. Borrower
covenants and agrees that Borrower's obligations and liability shall be joint and several.
However, any Borrower who co -signs this Security Instrument but does not execute the Note (a
"co- signer (a) is co- signing this Security Instrument only to mortgage, grant and convey the
co- signer's interest in the Property under the terms of this Security Instrument; (b) is not
personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that
Lender and any other Borrower can agree to extend, modify, forbear or make any
accommodations with regard to the terms of this Security Instrument or the Note without the
co- signer's consent.
Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes
Borrower's obligations under this Security Instrument in writing, and is approved by Lender,
shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall
not be released from Borrower's obligations and liability under this Security Instrument unless
Lender agrees to such release in writing. The covenants and agreements of this Security
Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of
Lender.
14. Loan Charges. Lender may charge Borrower fees for services performed in connection
with Borrower's default, for the purpose of protecting Lender's interest in the Property and
rights under this Security Instrument, including, but not limited to, attorneys fees, property
Loan Number: 0007687809
WYOMING-Single Family— FannIe Mae/FraddI• Mac UNIFORM INSTRUMENT
LT.
3/00
nit's! s Initials
212
orm 3051 3/99 (page 10 of 15 pages)
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Aiunoas sup jo par awls' alp jo £doo auo uaniS aq pegs zamouog •,fdop yamoaaog •LI
•uopor Pius all of uopesipgo Aur InotpTm
u0pazosip aios san!S „Arm„ !mom am (E) pue `rszan 03IA put !mid am apniaui pus watt! imp
J ufnSuts agl u! spzoM (z) `JapuaS autunuaj am jo spzoM Jo spzom Jainau Suipuodsazzoo apniout
pus UMW iisgs zapuas auiinosrtu alp jo spzom (I) :ivatuniisui M sup uI pasn sy
•uotstnozd Suuo1iptoo
am 1nouum aoa3ja uanIa aq uro tionim ai0N am Jo luauzn'1 "I 4u110as sup 3o sUOislnozd
Jatpo ioajju aou fists loTpuoo Lions 'mug algrogddy mint sioilptoo aioN alp Jo luatunzisul
Xlpnoas sup ;o asnsio Jo uoTs!nozd Cu e astp !liana alp III •iouruoo mamaaar ismeffr
uopTquiozd r sr panuisuoo aq iou pulls aouafts lions 1nq `maps aq map iI Jo )0E 41100 Aq aazSr
of s alp mom Ap1o0uq Jo ifIMIIdxa itiTtu mu7 afquoiiddy °mrj a 3 o suoias1TuITj
par sivataazinbai of ioafgns azu ivaumtisul ,Citznoas sup uT paup uoo suoprstgo pus sig2p
Hy •paiuooi Si Aizadozd alp toulm ui uopotpsunf alp ;o mri alp puu muf luzapa3 paUJanoS
aq hugs ivatuttusui Aiunoas situ •uouanusuop Jo sain21 `•,f;iiigs.zanas :mu7 Sufu AoD •9I
•ivatan.z;sui SCiunoas sup Japun ivatuaztnbaz Su!puodsazz0o alp
,C,isprs film mama/Tub= A& 1 afggotfddy alp 's' alquogddy Japun pazmbaz osir sT ivaattuisul
Ai inoas sup Aq pazmbaJ aopou Cu r 31 •zapur 1 pantaoaz Aiprnios iriun zapua-J of uaniS uaaq
anrg of patuaap aq iou putts ivatutWsal Aiunoas sup mutt uopoauuoo uT aopou Auy •zamouog
of aopou ssazppu Jammu paivaSisap slit zapua' ssaian utazaq pains ssazppu s,zapua7 0i prat
ssjo isztj Aq ii Sugnnu Aq 10 it SuuanTiap uaniS aq lilts zapuaj of aopou Auy atup auo Aur
it ivatutuisul *moos sup Joplin ssazppu aopou palruStsap auo ,Ciao aq Artu azatu °ainpaoozd
pajpoads iutP tsnonp ssazppu jo aSurgo r iiodaz Aiuo ins OM011011 uatp `ssazppu jo
aSurto s,zamo1ZOg SiTuodaJ Jo; aznpaoozd r sat toads zapua ;I •ssazppu jo a&urpo S,JOMOJJ0g
jo Japua- Xjpou iCpdutozd iisgs JOMOJJOg •zapuaj of aopou Aq ssazppu aopou ainitisgns
paiuiSisap slit Jam0.u0g ssaiun ssaippy ,CizadoJd alp aq Iirgs ssazppu aopou aqu •asimzagio
sazinbaz ICissazdxa Mr-I afgrouddy ssalun szam0zzog fir 0i aopou ain1Tisuoo hugs zamoJJOg
auo Itus 0i aop0N •suratu Jagio Aq was 3! ssazppu aopou s,zamouog 0i pazan4pap iifrztior uagm
Jo flail ssup 1S1g tfq pallet!' uatm Jamo1JOg 01 uaniS uaaq anut of patuaap aq pulls luautnzisul
Mpnoas sup tpim uopoauuoo lit Jam0JZOg 01 aopou Auy •Supum lit aq 1sntu luatunusul
Aiunoas sup ipim uopoauuoo lit zapua-I JO Jamottog Aq uanTS saopou iitd •saapoN •sI
•a2JUgo1ano tons jo in0
2u!SUI? anrg 111211I1 JOMOJ10H 110p0r 30 it$u /WE JO J2ni1M r ain1psu0O HIM JOMOJJOg 0) 1IIata /Crd
ioaJTp /Cq aprtu putuaz lions Auu jo aouuidaoor s,Jamozzog (aloN am zapun zoj papinozd
sT aSJrto ivatuArdazd r iou J0 zagiagM) aarrgo ivatudrdazd ,Cur inotpTM ivatu'iudazd Iupzud
u Su map aq IITM uoponpai agi Irdiouud saonpai punjaz u 31 •Jamouog 0i ivatuArd ioazip
Supirat Aq z0 a1oN alp Japun pamo Iudtouud aqi Sutonpaz ,Cq punpaz sup MIrm 01 as00110 dual
J apuai •zamozzog 0i papun;az aq !pm sump pailutuad papaaoxa IoTMM JOMO110H 1110.13 1/0130i103
Apraziu stuns Cur (q) pur `•1i u!I palluuzad alp 0i aSzutio alp aonpa1 0i ,CIUSSaoau iunotur agi
Aq paonpaz aq pegs aSzstp uro! torts Cur (r) :uaip `smut! pamuuad alp paaoxa urn am tpTm
uopoauuoo lit paioapoo aq 0i zo paioa1Ioo saSzrto uro! Jatpo Jo 1sazaiuq alp Alp os palazdta1UT
/cling sT ms! Imp put `saairgo tiro! tuntu!xrut sias goulM Mr! r 01 loo fgns sT urn a p 3I
°mr-I aiquoiiddy Aq Jo ivatuttt1SUI ICiunoOS sup pa2Tqu!ozd
Aissazdxa azu luti saa3 aSJrgo iou Arta zapua-I •aaj lions jo guiSzugo alp uo uotlTgItozd
Sr patu1SUOO aq 10u imp JOM0110g 0i a a j OMOads r 02JE1 0i 3uatunl$af diunoas sup
11! ,Ciuotpnr ssazdxa jo aouasgr alp `saa3 Jatio Cur 0i mg= uI •saa3 uoprnirn put uopoadsat
tr:899530
18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18,
"Interest in the Property" means any legal or beneficial interest in the Property, including, but
not limited to, those beneficial interests transferred in a bond for deed, contract for deed,
installment sales contract or escrow agreement, the intent of which is the transfer of title by
Borrower at a future date to a purchaser.
If all or any part of the Property or any Interest in the Property is sold or transferred (or if
Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred)
without Lender's prior written consent, Lender may require immediate payment in full of all
sums secured by this Security Instrument. However, this option shall not be exercised by Lender
if such exercise is prohibited by federal law.
If Lender exercises this option, Lender shall give Borrower notice of acceleration. The
notice shall provide a period of not less than 30 days from the date the notice is given in
accordance with Section 15 within which Borrower must pay all sums secured by this Security
Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender
may invoke any remedies permitted by this Security Instrument without further notice or
demand on Borrower.
19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions,
Borrower shall have the right to have enforcement of this Security Instrument discontinued at
any time prior to the earliest of: (i) five days before sale of the Property pursuant to any power
of sale contained in this Security Instrument; (ii) such other period as Applicable Law might
specify for the termination of Borrower's right to reinstate; or (iii) entry of a judgment enforcing
this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which
then would be due under this Security Instrument and the Note as if no acceleration had
occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses
incurred in enforcing this Security Instrument, including, but not limited to, reasonable
attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose
of protecting Lender's interest in the Property and rights under this Security Instrument; and (d)
takes such action as Lender may reasonably require to assure that Lender's interest in the
Property and rights under this Security Instrument, and Borrower's obligation to pay the sums
secured by this Security Instrument, shall continue unchanged. Lender may require that
Borrower pay such reinstatement sums and expenses in one or more of the following forms, as
selected by Lender: (a) cash, (b) money order, (c) certified check, bank check, treasurer's check
or cashier's check, provided any such check is drawn upon an institution whose deposits are
insured by a federal agency, instrumentality or entity or (d) Electronic Funds Transfer. Upon
reinstatement by Borrower, this Security Instrument and obligations secured hereby shall remain
fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply
in the case of acceleration under Section 18.
20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial
interest in the Note (together with this Security Instrument) can be sold one or more times
without prior notice to Borrower. A sale might result in a change in the entity (known as the
"Loan Servicer") that collects Periodic Payments due under the Note and this Security
Instrument and performs other mortgage loan servicing obligations under the Note, this Security
Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer
unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be
given written notice of the change which will state the name and address of the new Loan
Servicer, the address to which payments should be made and any other information RESPA
Loan Number: 0007687809
WYOMING-Singls Family-- Fannla Maa/Fraddla Mac UNIFORM INSTRUMENT
I.T. 3/00
Initials Initial
2 14
OM 3051 3/99 (page 12 of 15 pages)
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U86 6834 216
NON UNIFORM COVENANTS. Borrower and Lender further covenant and agree as
follows:
22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration
following Borrower's breach of any covenant or agreement in this Security Instrument (but not
prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall
specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30
days from the date the notice is given to Borrower, by which the default must be cured; and (d)
that failure to cure the default on or before the date specified in the notice may result in
acceleration of the sums secured by this Security Instrument and sale of the Property. The notice
shall further inform Borrower of the right to reinstate after acceleration and the right to bring a
court action to assert the non existence of a default or any other defense of Borrower to
acceleration and sale. If the default is not cured on or before the date specified in the notice,
Lender at its option may require immediate payment in full of all sums secured by this Security
Instrument without further demand and may invoke the power of sale and any other remedies
permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing
the remedies provided in this Section 22, including, but not limited to, reasonable attorneys' fees
and costs of title evidence.
If Lender invokes the power of sale, Lender shall give notice of intent to foreclose to
Borrower and to the person in possession of the Property, if different, in accordance with
Applicable Law. Lender shall give notice of the sale to Borrower in the manner provided in
Section 15. Lender shall publish the notice of sale, and the Property shall be sold in the manner
prescribed by Applicable Law. Lender or its designee may purchase the Property at any sale. The
proceeds of the sale shall be applied in the following order: (a) to all expenses of the sale,
including, but not limited to, reasonable attorneys' fees; (b) to all sums secured by this Security
Instrument; and (c) any excess to the person or persons legally entitled to it.
23. Release. Upon payment of all sums secured by this Security Instrument, Lender shall
release this Security Instrument. Borrower shall pay any recordation costs. Lender may charge
Borrower a fee for releasing this Security Instrument, but only if the fee is paid to a third party
for services rendered and the charging of the fee is permitted under Applicable Law.
Loan Number:0007687809
WYOMINOSIngle Family-- Fannie Mao/Freddie Mac UNIFORM INSTRUMENT
I.T. 3/00
orm 3051 3/09 (page 14 of 15 pages)
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WHEN RECORDED MAIL TO:
First Security Bank, N.A.
Afton Mortgage Production Office
485 Washington
Afton, WY 83110
ATTN:LAURIE /KERRY
THIS SECOND HOME RIDER is made this 28th day of June, 2000 and is
incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security
Deed (the "Security Instrument of the same date given by the undersigned (the "Borrower," whether
there are one or more persons undersigned) to secure Borrower's Note to
First Security Bank, N.A. (the "Lender of the same
date and covering the Property described in the Security Instrument (the "Property which is located at:
77 W 3RD AVENUE, AFTON, WY 83110
In addition to the covenants and agreements made in this Security Instrument, Borrower and Lender
further covenant and agree that Section 6 and 8 of the Security Instrument are deleted and are replaced by
the following:
6. Occupancy. Borrower shall occupy, and shall only use, the Property as Borrower's second
home. Borrower shall keep the Property available for Borrower's exclusive use and enjoyment at
all times, and shall not subject the Property to any timesharing or other shared ownership
arrangement or to any rental pool or agreement that requires Borrower either to rent the
Property or give a management firm or any other person any control over the occupancy or use
of the Property.
8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application
process, Borrower or any persons or entities acting at the direction of Borrower or with
Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or
statements to Lender (or failed to provide Lender with material information) in connection with
the Loan. Material representations include, but are not limited to, representations concerning
Borrower's occupancy of the Property as Borrower's second home
BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions contained in this
Second Home Rider.
LOAN NO: 0007687809
SECOND HOME RIDER
ROBERT
LYN',: "L RUH
[Property Address]
(2 (lit,
2 18
(Seal)
Borrower
(Seal)
Borrower
(Seal)
Borrower
(Seal)
Borrower
MULTISTATE SECOND HOME RIDER Single Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
FORM 3890 3/99 I.T. 10/99 (page 1 of 1 pages) RMS1SEC